AAPL, more than likely will announce a buyback very shortly. It makes sense that they would with all the cash $130 Billion with a Capital B that their holding.
Additional buybacks strategy to be announced by apple tommorow at 10:00AM. iTV smart tv plans to be leaked by 12PM. I'm already in. AAPL will rebound tommrow like Rimm.
Sentiment: Strong Buy
This pathetic excuse for management will not authorize any more. They have never cared about shareholders so why should they now. Oppenheimer should be lynched.
Why would you think that ? They were not convincingly clear at the Conference Call about the present Buyback that was to be underway in October...there was no transparency from their comments, let alone proof.
Ask yourself what would a smart person do with all the liquid capital $130 Billion do to stop the shorters in their tracks.